AB International Bond Portfolio
Data updated: 2026-08-27
C000210967 — AB International Bond Portfolio. Intermediate Total / Aggregate Bond · $394.29M AUM. Holdings, fees, performance and SEC filings.
C000210967 Fund Overview
AB International Bond Portfolio is a US mutual fund managed by Brighthouse Funds Trust I, categorised as Intermediate Total / Aggregate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Brighthouse Funds Trust I
- Category: Intermediate Total / Aggregate Bond
- Assets under management: $394.29M
- 1-year return: 7.1%
- SEC CIK: 0001126087
- SEC series ID: S000065170
- Share class ID: C000210967
C000210967 Investment Objective and Strategy
AB International Bond Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Brighthouse Funds Trust I.
Investment objective
To maximize total return.
Principal investment strategy
The Portfolio invests, under normal circumstances, at least 80% of its net assets in fixed income securities. Under normal market conditions, the Portfolio invests significantly in fixed income securities of non-U.S. issuers. In addition, the Portfolio invests, under normal circumstances, in the fixed income securities of issuers located in at least three countries. The Portfolio may invest in a broad range of fixed income securities in both developed and emerging markets, and may invest significantly in emerging markets. The Portfolio may invest across all fixed income sectors, including U.S. and non-U.S. Government and corporate debt securities. The Portfolios investments may be denominated in local currency or U.S. Dollar-denominated. The Portfolio may invest in debt securities with a range of maturities from short-to long-term.
The average portfolio duration of the Portfolio normally varies within 70% to 130% of the duration of a blended index comprised of the Bloomberg Global Aggregate ex-U.S. (USD Hedged) Index (60%) and the JPMorgan EMBI Global Diversified Index (40%) (the AB Custom Benchmark), as calculated by the Portfolios subadviser, AllianceBernstein L.P. (AllianceBernstein or Subadviser). The Portfolio may use borrowings or other leverage for investment purposes. In managing the Portfolio, AllianceBernstein uses an investment process that involves both quantitative models and fundamental analysis. AllianceBernstein selects securities for purchase or sale based on its assessment of the securities risk and return characteristics as well as the securities impact on the overall risk and return characteristics of the Portfolio.
In making this assessment, AllianceBernstein takes into account various factors, including the credit quality and sensitivity to interest rates of the securities under consideration and of the Portfolios other holdings. AllianceBernstein will actively manage the Portfolios assets in relation to market conditions and general economic conditions and adjust the Portfolios investments in an effort to best enable the Portfolio to achieve its investment objective. Thus, the percentage of the Portfolios assets invested in a particular country or denominated in a particular currency will vary in accordance with AllianceBernsteins assessment of the relative yield and appreciation potential of such securities and the relationship of the countrys currency to the U.S. dollar. The Portfolio may use derivative currency transactions in an effort to obtain net long or net negative (short) exposure to selected currencies.
The Portfolio may, from time to time, emphasize one or more sectors. Under normal circumstances, the Portfolio invests at least 50% of its net assets in fixed income securities rated investment grade at the time of investment and may invest up to 50% of its net assets in below investment grade fixed income securities (commonly known as junk bonds). Split rated bonds (bonds that receive different ratings from two or more rating agencies) will be considered to have the higher credit rating. The Portfolio may invest in mortgage-related and other asset-backed securities, loan participations, inflation-indexed securities, securities issued pursuant to Rule 144A under the Securities Act of 1933 and variable, floating, and inverse floating-rate instruments, and may use other investment techniques.
The Portfolio intends, among other things, to enter into transactions such as reverse repurchase agreements and dollar rolls. The Portfolio may invest, without limit, in derivatives, such as options, futures contracts, forwards, or swaps.
C000210967 Holdings
Top 10 holdings of AB International Bond Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| China Government Bond | 3.28% |
| Japan Government Five Year Bonds | 2.93% |
| U.K. Gilts | 2.81% |
| Fixed Income Clearing Corp. | 2.27% |
| Nota Do Tesouro Nacional | 2.01% |
| Canada Government Bonds | 1.69% |
| Canada Government Bonds | 1.36% |
| Japan (10 Year Issue) | 1.36% |
| Titulos De Tesoreria | 1.36% |
| Bundesrepublik Deutschland Bundesanleihe | 1.32% |
C000210967 Portfolio Allocation
Asset-class allocation of AB International Bond Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 90.6% |
| Cash & Equivalents | 4.8% |
| Securitized | 3.7% |
| Derivatives | 0.8% |
C000210967 Performance
Total returns for C000210967 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 3.0% |
| 1 year | 7.1% |
| 3 years (annualised) | 7.6% |
| 5 years (annualised) | 1.5% |
C000210967 Risk Information
Risk metrics for C000210967, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.4%
C000210967 Costs and Fees
C000210967 costs about $62 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.62%
- Gross expense ratio: 0.62%
- Portfolio turnover: 109%
- Brokerage commissions: 0.57 bps of average net assets (SEC N-CEN)
C000210967 Cashflows
Over the 12 months to 2026-06, AB International Bond Portfolio had net outflows of $28.42M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $8.99M |
| 2026-05 | $122.62K |
| 2026-04 | −$1.71M |
| 2026-03 | −$9.88M |
| 2026-02 | −$2.17M |
| 2026-01 | −$670.87K |
C000210967 Debt Constituents
Largest debt holdings of AB International Bond Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| China Government Bond | 3.28% |
| Japan Government Five Year Bonds | 2.93% |
| U.K. Gilts | 2.81% |
| Nota Do Tesouro Nacional | 2.01% |
| Canada Government Bonds | 1.69% |
| Canada Government Bonds | 1.36% |
| Japan (10 Year Issue) | 1.36% |
| Titulos De Tesoreria | 1.36% |
| Bundesrepublik Deutschland Bundesanleihe | 1.32% |
| Hungary Government Bond | 1.18% |
C000210967 Prospectus and SEC Filings
Official AB International Bond Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-24
- Prospectus (485BPOS) — filed 2025-04-25
- Prospectus (485BPOS) — filed 2024-04-25
- Portfolio holdings (N-PORT) — filed 2026-08-27
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-27
- Annual census (N-CEN) — filed 2026-03-11
- Annual census (N-CEN) — filed 2025-03-14
Related Funds
Other Intermediate Total / Aggregate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.